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Aave Adds SPCXc as Collateral in Its Base Tokenized-Stock Market

Users in eligible jurisdictions beyond the United States can borrow USD Coin (USDC) against SPCXc.

Updated 1 min read
Anonymous hands review tokenized-stock collateral on a phone on a rain-darkened San Francisco sidewalk. / TokenPost.ai (macro)
Anonymous hands review tokenized-stock collateral on a phone on a rain-darkened San Francisco sidewalk. / TokenPost.ai (macro)

On Base, Aave’s Coinbase Tokenized Stocks market now accepts SPCXc as collateral. Eligible users outside the United States can borrow USDC against it.

The token is part of Aave's Coinbase Tokenized Stocks market on Base. Access is limited to users in eligible jurisdictions beyond the United States.

Aave V4's Equities Hub on Base opened Sept. 25 with seven Coinbase stock tokens serving as collateral. At launch, users could borrow USDC but could not borrow those stock tokens. EconoTimes previously covered the hub's launch.

The SPCXc addition followed an earlier Aave Labs proposal to add the token to the Base hub.

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